Prepare the journal entries for the following transactions: (If no entry is required, select "No Entry" for the occount titles and enter of the the amounts. Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before creditentries.) a) Bought land for 18,000 shares with a $38 per share market value. b) Paid six months rent in advance for a total of $6,400. C) Paid insurance premiums for the year in the amount of $8,100. d) Bought a building for $300,000. Paid one-fifth in cash and the balance with a 10 -year, 5% interest note payable. e) Purchased $23,000 of merchandise inventory on credit. f) Paid utilities bill for $410. g) Sold $8,200 of merchandise inventory for $12,200 on credit. h) Collected a $10,300 cash deposit from customers for custom orders. D) Paid salaries and wages of $8,100. i) Paid $8,200 on merchandise inventory previously purchased in part el. k) Received $6,700 from customers on account. 1) Declared and paid a $4,900 dividend. Transaction Account Titles a) b) c) d) e) f) 8) g) h) i) i) k) i)